Settings8H · net · $10k
Funding arb · Price arb /

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0675%/8h= −74.0% APRnext payment $3.38 per $10,000 · paid last 24h −0.006%
Price spread now: SunX against Bybit+0.152%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.479%−$48 on $10k
Price spread, last 3 days (all we have)−0.280%−$28 · spread now +0.152%, 7d avg −0.015%
Together, before fees−0.758%−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.168% dearer against Bybit than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.015%): +$17 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.479% in total) that is about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 4USDT0.021660.0775pay 0.0388% / 4h6m 54s$2.8M$1.7M5x
ShortSunX 4-USDT0.021690.0100get 0.0050% / 4h6m 54s$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$141.84
Price spread: +0.152% → −0.015%
$16.78
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$144.06
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; SunX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago5.75 bp124.0 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 6 min ago502.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

4 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 4+0.0100%4h0.02169+0.172%$53K$5Kas long as short
SunX 4-USDTshort+0.0100%4h0.02169+0.152%$2K$1.1M20x
Aster 4USDT+0.0461%4h0.02168+0.092%$248K$95K5xas long as short
KuCoin 4USDTM+0.0602%4h0.02165−0.032%$953K$12.9M20xas long as short
MEXC 4_USDT+0.0646%4h0.02167+0.060%$1.9M$852K100xas long as short
Binance 4USDT+0.0648%4h0.02167+0.054%$8.3M$11.2M20xas long as short
Gate 4_USDT+0.0692%4h0.02172+0.282%$590K$240K20xas long as short
BingX 4-USDT+0.0764%4h0.02169+0.166%$1.4Mas long as short
Bybit 4USDTlong+0.0775%4h0.02166long leg$2.8M$1.7M5x